Comment deadline for FDIC's proposed assessment regs amendments
The FDIC has published a proposal at 84 FR 5380 that would amend its deposit insurance assessment regulations to apply the community bank leverage ratio (CBLR) framework to the deposit insurance assessment system.
The FDIC, the Federal Reserve and the OCC recently issued an interagency proposal to implement the community bank leverage ratio (the CBLR NPR). Under the proposal to amend its assessment regulations, the FDIC would assess all banks that elect to use the CBLR framework (CBLR banks) as small banks. Through the amendment and corresponding changes to the Call Report, CBLR banks would have the option of using either CBLR tangible equity or tier 1 capital for their assessment base calculation, and using either the CBLR or the tier 1 leverage ratio for the Leverage Ratio that the FDIC uses to calculate an established small bank's assessment rate. To assist banks in understanding the effects of the proposal, the FDIC plans to provide on its website an assessment estimation tool that estimates deposit insurance assessment amounts under the proposal.
Comments on the FDIC's proposal to amend its assessment regulations will be accepted through April 22, 2019.